Music Business News: India
News Spotify's proposed average ad-funded rate in India will sit at less than $0.0005 per-play News Company working with tech firm Flex to create product, says FT News The company 'is rumored to be hosting a launch party' in Mumbai at the end of the month News T-Series' 160,000 song-catalog is now available on Spotify News The big three major labels are yet to sign on the dotted line Analysis If Spotify's expanding into India, its investors should prepare themselves for a tough challenge ahead Analysis Sony and Universal still own around 6% of Spotify – and won't want to see the company's value crumble News Saavn's entire catalog will reportedly be made available on JioSaavn